H.R. 253 · 112th Congress

Clean Vehicles for Cleaner Air Act of 2011

Stage
In committee
Introduced
2011-01-07
Latest action
2011-01-07 · Introduced in House

Summary

Clean Vehicles for Cleaner Air Act of 2011 -  Amends the Internal Revenue Code to allow certain businesses located in areas designated as nonattainment areas under the Clean Air Act a general business tax credit for the cost of certain clean-fuel vehicle property and the use of clean-burning fuel. Allows the credit to be taken against regular and alternative minimum tax liabilities. Allows a tax deduction for any unused clean fuel credit amounts.

Allows a tax credit for the cost of hybrid vehicles placed in service in, and of which substantially all of the use occurs in, nonattainment areas.